Fourth Party Logistics Market By Type (Industry Innovator Model, Solution Integrator Model, Synergy Plus Operating Model), By End User (Aerospace & Defense, Automotive, Consumer Electronics, Food & Beverages, Industrial, Retail, Healthcare, Others): Global Opportunity Analysis And Industry Forecast, 2023-2031 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Fourth Party Logistics market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Fourth Party Logistics market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get the whole report, which includes a chart and more than 100 tables and figures. – Comprehensive Analysis of COVID-19 Market Outbreak Impact and Regional Situation
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The global fourth-party logistics market revenue was around US$ 58 billion in 2021 and is estimated to reach US$ 112 billion by 2031, growing at a compound annual growth rate (CAGR) of 6.7% during the forecast period from 2022 to 2031.
Fourth-party logistics, or 4PL, is a business model where the owner outsources the management of the company’s supply chain and logistics to an outside service provider. On behalf of the company, this provider is in charge of evaluating, designing, planning, constructing, operating, and even tracking an integrated, comprehensive supply chain solution. Additionally known as lead logistics providers. The external provider may partner with a warehouse company or establish his warehouse. Fourth-party logistics, then, represents for the client a greater level of supply chain management.
Factors Influencing Market Growth
Rising demand for a simple and efficient supply chain system and rising operational complexity drive the growth of the fourth-party logistics market.
Increased demand for customized solutions is a factor anticipated to fuel market expansion.
Consumer electronics demand growth and e-commerce industry expansion are two aspects that are projected to fuel market expansion.
The market’s expansion is expected to be hampered by factors like companies’ reluctance to outsource the logistics function and changes in the laws governing logistics in various nations.
Study of the COVID-19 Pandemic
The COVID-19 pandemic creates uncertainty in the fourth-party logistic market. The absolute lockdown and temporary shutdown of industry proclaimed by the governments of several regions had a negative impact on overall production and sales. While the effects of the coronavirus pandemic vary between the air, freight, and maritime sectors, they all have an impact on crucial supply chains in the logistics and transportation business. Additionally, the COVID-19 pandemic immediately impacted logistics companies, which are involved in the flow, storage, and transfer of commodities. Logistics companies support trade & commerce and assist companies in getting their products to clients as an essential component of value chains both domestically and beyond international borders.
Regional Insights
Asia Pacific region has the largest industry shares in the fourth-party logistics market in 2021. This enormous market share can be due to emerging countries’ increased e-commerce adoption. The growing nations like India, South Korea, Japan, and China are principally responsible for the expansion of the industrial sector. The region’s top service providers include Nippon Express, APL Logistics, and Yusen Logistics. Thus, the market is projected to increase due to the rising demand for a fourth-party supply chain from various e-commerce players.
Leading Competitors
The leading competitors in the global fourth party logistics market are:
4PL Group
4PL Insights
Accenture Consulting
Allyn International Services
C.H Robinson Worldwide, Ltd
CEVA Logistics
DAMCO
DB Schenker
Deloitte
Deutsche Post AG
GEFCO Group
Global4PL Supply Chain Services
Logistics Plus Inc.
Panalpina World Transport
United Parcel Service, Inc
XPO Logistics, Inc
Others
Segmentation Analysis
The global fourth party logistics market segmentation focuses on Type, End User and Region.
Segmentation based on Type
Industry Innovator Model
Solution Integrator Model
Synergy Plus Operating Model
Segmentation based on End User
Aerospace & Defense
Automotive
Consumer Electronics
Food & Beverages
Industrial
Retail
Healthcare
Others
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In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Key Points Covered in Fourth Party Logistics Market Report:
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Fourth Party Logistics market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Fourth Party Logistics Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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